3152 66th StShellsburgIA52332
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Shellsburg at 3152 66th St, Shellsburg, IA, 52332 generates $1,314/mo in rent, after a $1,444/mo payment. Total monthly income is $1,314/mo. Return on cash invested sits at 12.52% in year one, and rental yield is 5.35% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 63.63% and total cumulative return in cash sums $62,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52332, Shellsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 752 (100%) |
| Owner Occupied HU | 620 (82.4%) |
| Renter Occupied HU | 81 (10.8%) |
| Vacant Housing Units | 51 ( 6.8%) |
| Median Home Value | $303,043 |
| Average Home Value | $311,681 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
701
Multi-Family
4
Businesses
35
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Listed by: Alexis Kemp • RE/MAX Concepts
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202504768
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.